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Randomized response technique: The procedure for collecting the information on sensitive issues by means of the survey, in which an element of chance is introduced as to what query a respondent has to answer. In the survey about abortion, for instance, a woman may be posed both the questions 'have you had an abortion' and 'have you never had an abortion', and is asked to respond to one or the other depending on the outcome of a randomizing device in her control. The response is now not revealing since no one except the respondent knows which question has been answered. Yet the data attained can be used to estimate the quantities of interest, here, for instance, the proportion of women who have had an abortion (π); if the probability of selecting the question 'have you had an abortion', P, is known and is not equal to 0.5. If y is the proportion of 'yes' answers to this question in a random sample of n respondents, one estimator of π can be given by the following formula This estimator is unbiased and has the variance, V
Mendelian randomization is the term applied to the random assortment of alleles at the time of gamete formation, a process which results in the population distributions of genetic
Hurdle Model: The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina
how to calculate the semi average method when 8 observations are given?
ACC – A pioneer in the Indian cement industry Associated Cement Companies Ltd. (ACC) came into existence in 1936, after the merger of 10 companies belonging to four important bus
Biplots: It is the multivariate analogue of the scatter plots, which estimates the multivariate distribution of the sample in a few dimensions, typically two and superimpose on th
Thomas Economic Forecasting, Inc. and Harmon Econometrics have the same mean error in forecasting the stock market over the last ten years. However, the standard deviation for Thom
Procedures for estimating the probability distributions without supposing any particular functional form. Constructing the histogram is perhaps the easiest example of such type of
For a career woman, wearing lipstick has become an integral part of her daily life. It is not unusual for a woman to look for a lipstick that will stay on her lips and not smudge
calculate the mean yearly value using the average unemployment rate by month
Bivariate boxplot : A bivariate analogue of boxplot in which the inner area contains 50%of the data, and a 'fence' helps to identify the potential outliers. Robust methods or techn
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